In this anonymous listener story, “Meg” shares how she went from living at home and saving hard for her first deposit to building a $2.5M property portfolio by 25. She talks about:

👉 buying her first place at 22 on the Gold Coast

👉🏼 leveraging equity to buy again in Perth and the Central Coast (instead of saving cash)

👉🏾 managing risk, buffers and surprise expenses

👉🏿 splitting costs and mortgages in a relationship

👉🏽 and her advice for first-time buyers in today’s market

Meg was initially going to buy a 1 bed in Sydney for $570k but instead bought a 2 bed 2.5 bath on the Gold Coast for $600k. The unit in Sydney is now valued at $600k.

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Rachelle Kroon is the director and founder of Sphere Home Loans, which sponsors this podcast. Need a mortgage broker? Check out https://www.spherehomeloans.com.au/

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